Park Hotels & Resorts (NYSE:PK) Posts Earnings Results, Misses Expectations By $0.33 EPS

Park Hotels & Resorts (NYSE:PK - Get Free Report) issued its earnings results on Thursday. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.33), Zacks reports. The firm had revenue of $622.00 million during the quarter, compared to analyst estimates of $609.77 million. Park Hotels & Resorts had a negative net margin of 8.49% and a negative return on equity of 6.59%. The firm's revenue was down 1.3% compared to the same quarter last year. During the same period last year, the business earned $0.46 EPS. Park Hotels & Resorts updated its FY 2026 guidance to 1.740-1.900 EPS.

Park Hotels & Resorts Stock Down 0.8%

PK stock opened at $11.38 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.25. Park Hotels & Resorts has a twelve month low of $9.84 and a twelve month high of $12.39. The company's 50 day moving average is $10.92 and its two-hundred day moving average is $10.90. The stock has a market cap of $2.29 billion, a P/E ratio of -7.95 and a beta of 1.37.

Park Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 8.8%. Park Hotels & Resorts's dividend payout ratio (DPR) is presently -69.93%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Wall Street Zen upgraded shares of Park Hotels & Resorts from a "sell" rating to a "hold" rating in a report on Sunday, March 1st. Wells Fargo & Company decreased their price objective on shares of Park Hotels & Resorts from $11.00 to $10.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 24th. LADENBURG THALM/SH SH initiated coverage on shares of Park Hotels & Resorts in a research note on Thursday, March 26th. They set a "buy" rating and a $16.00 target price for the company. Truist Financial increased their target price on Park Hotels & Resorts from $11.00 to $12.00 and gave the company a "hold" rating in a report on Thursday, March 26th. Finally, Zacks Research upgraded Park Hotels & Resorts from a "strong sell" rating to a "hold" rating in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $11.50.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PK. Danske Bank A S acquired a new stake in Park Hotels & Resorts during the 3rd quarter worth $25,000. Advisory Services Network LLC acquired a new position in Park Hotels & Resorts in the third quarter valued at $34,000. Principal Securities Inc. grew its holdings in shares of Park Hotels & Resorts by 9.5% during the fourth quarter. Principal Securities Inc. now owns 10,684 shares of the financial services provider's stock worth $112,000 after purchasing an additional 927 shares during the last quarter. United Capital Financial Advisors LLC purchased a new position in shares of Park Hotels & Resorts during the third quarter worth about $115,000. Finally, Laird Norton Wetherby Wealth Management LLC purchased a new position in shares of Park Hotels & Resorts during the third quarter worth about $132,000. Institutional investors and hedge funds own 92.69% of the company's stock.

Key Stories Impacting Park Hotels & Resorts

Here are the key news stories impacting Park Hotels & Resorts this week:

• Positive Sentiment: Board-approved quarterly dividend of $0.25 per share (annualized yield ~8.7%) with record/ex‑dividend timing announced — boosts income appeal for yield-focused investors and supports near-term shareholder returns.
• Positive Sentiment: Funds from operations (FFO) of $0.45 beat estimates and reported revenues topped estimates, signaling resilient operating cash flow despite headline earnings weakness. Park Hotels & Resorts (PK) Q1 FFO and Revenues Surpass Estimates
• Positive Sentiment: Shareholders backed the board and executive pay proposals, removing a potential governance overhang and reducing near-term proxy risk. Park Hotels & Resorts Shareholders Back Board and Pay
• Neutral Sentiment: Company updated FY2026 EPS guidance to $1.74–1.90, roughly in line with consensus (~$1.76); guidance reduces uncertainty but isn't a material beat.
• Neutral Sentiment: Analyst average price target sits at $11.45, near the stock’s current level — implies limited upside from consensus analyst views. Park Hotels & Resorts Inc. NYSE: PK Receives $11.45 Average Price Target from Analysts
• Neutral Sentiment: Coverage and snapshots parsing key metrics (SeattlePI, Zacks) provide context — revenue down modestly year-over-year but metrics show areas of operational stability. Park Hotels & Resorts: Q1 Earnings Snapshot Park Hotels & Resorts (PK) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: GAAP EPS missed badly (reported $0.05 vs. $0.38 expected) and the company reported negative net margin and negative ROE — the headline miss drove investor concern and is the primary drag on the share price. View Press Release (Earnings) MarketBeat Q1 Earnings Report

Park Hotels & Resorts Company Profile

Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) specializing in luxury and upper-upscale hospitality properties. The company's primary business activity involves owning and leasing premier hotels and resorts across major urban and resort destinations. Through long-term management and franchise agreements with leading hotel operators, Park generates revenue from room nights, food and beverage offerings, meetings and events, and ancillary services.

Since its spin-off from Hilton Worldwide in January 2017, Park Hotels & Resorts has assembled a diversified portfolio of more than 60 properties.